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DMCI Holdings (DMCI Holdings) Return-on-Tangible-Equity : 16.88% (As of Dec. 2023)


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What is DMCI Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. DMCI Holdings's annualized net income for the quarter that ended in Dec. 2023 was $327 Mil. DMCI Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $1,939 Mil. Therefore, DMCI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 16.88%.

The historical rank and industry rank for DMCI Holdings's Return-on-Tangible-Equity or its related term are showing as below:

DMCHY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.15   Med: 20.68   Max: 32.53
Current: 22.93

During the past 13 years, DMCI Holdings's highest Return-on-Tangible-Equity was 32.53%. The lowest was 7.15%. And the median was 20.68%.

DMCHY's Return-on-Tangible-Equity is ranked better than
81.94% of 504 companies
in the Conglomerates industry
Industry Median: 7.39 vs DMCHY: 22.93

DMCI Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for DMCI Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DMCI Holdings Return-on-Tangible-Equity Chart

DMCI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.24 7.15 21.73 32.53 23.28

DMCI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.03 29.74 31.21 14.61 16.88

Competitive Comparison of DMCI Holdings's Return-on-Tangible-Equity

For the Conglomerates subindustry, DMCI Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DMCI Holdings's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, DMCI Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where DMCI Holdings's Return-on-Tangible-Equity falls into.



DMCI Holdings Return-on-Tangible-Equity Calculation

DMCI Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=430.183/( (1799.257+1896.042 )/ 2 )
=430.183/1847.6495
=23.28 %

DMCI Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=327.392/( (1982.135+1896.042)/ 2 )
=327.392/1939.0885
=16.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DMCI Holdings  (OTCPK:DMCHY) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


DMCI Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of DMCI Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


DMCI Holdings (DMCI Holdings) Business Description

Traded in Other Exchanges
Address
2281 Don Chino Roces Avenue, 3rd Floor, Dacon Building, Makati, PHL, 1231
DMCI Holdings is an engineering conglomerate in the Philippines, primarily operating in construction, real estate development, power generation, mining, water distribution, and manufacturing. The activities of the company include construction-related businesses such as production and trading of concrete products, exploration, mining, and development of coal resources, mining and selling nickel ore, residential development, power generation through coal-fired power plants and satellite power plants, and water services. It organizes its business into seven operating segments: constructions and others; coal mining; nickel mining; real estate; on-grid power; off-grid power; and water. Majority of revenue is generated from coal mining segment.

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